Clipper Realty (CLPR) Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Clipper Realty in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CLPR shares.
View CLPR analyst ratings or view top-rated stocks.

2 Wall Street research analysts have issued 1 year target prices for Clipper Realty's stock. Their CLPR share price forecasts range from $11.00 to $11.00. On average, they anticipate the company's stock price to reach $11.00 in the next year. This suggests a possible upside of 104.5% from the stock's current price.
View analysts price targets for CLPR or view top-rated stocks among Wall Street analysts.

Clipper Realty's stock was trading at $6.40 at the beginning of the year. Since then, CLPR shares have decreased by 15.9% and is now trading at $5.38.
View the best growth stocks for 2023 here.

Clipper Realty saw a increase in short interest in May. As of May 15th, there was short interest totaling 105,600 shares, an increase of 5.5% from the April 30th total of 100,100 shares. Based on an average daily volume of 54,400 shares, the days-to-cover ratio is currently 1.9 days. Approximately 0.8% of the shares of the stock are short sold.
View Clipper Realty's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
View our CLPR earnings forecast.

Clipper Realty Inc. (NYSE:CLPR) announced its earnings results on Tuesday, November, 9th. The company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of $0.07 by $0.16. Clipper Realty had a negative trailing twelve-month return on equity of 15.55% and a negative net margin of 4.67%. During the same period in the previous year, the business posted $0.06 earnings per share.

Clipper Realty announced a quarterly dividend on Thursday, May 4th. Stockholders of record on Monday, May 15th will be given a dividend of $0.095 per share on Wednesday, May 24th. This represents a $0.38 annualized dividend and a dividend yield of 7.06%. The ex-dividend date of this dividend is Friday, May 12th.
Read our dividend analysis for CLPR.

ETFs with the largest weight of Clipper Realty (NYSE:CLPR) stock in their portfolio include ALPS REIT Dividend Dogs ETF (RDOG).First Trust S&P REIT Index Fund (FRI).

Clipper Realty (NYSE:CLPR) pays an annual dividend of $0.38 per share and currently has a dividend yield of 7.01%. CLPR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for CLPR.

Based on aggregate information from My MarketBeat watchlists, some companies that other Clipper Realty investors own include Matinas BioPharma (MTNB), ADMA Biologics (ADMA), Gran Tierra Energy (GTE), New Residential Investment (NRZ), Bionano Genomics (BNGO), CBL & Associates Properties (CBL), DHT (DHT), Pennsylvania Real Estate Investment Trust (PEI), Zosano Pharma (ZSAN) and CNBX Pharmaceuticals (CNBX).

(CLPR) raised $103 million in an IPO on Friday, February 10th 2017. The company issued 7,100,000 shares at $13.50-$15.50 per share. FBR and Raymond James acted as the underwriters for the IPO and Janney Montgomery Scott and Wunderlich were co-managers.

Clipper Realty trades on the New York Stock Exchange (NYSE) under the ticker symbol "CLPR."

Clipper Realty's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include FMR LLC (7.16%), BlackRock Inc. (5.36%), Geode Capital Management LLC (1.46%), PEAK6 Investments LLC (0.00%), Barclays PLC (0.41%) and Charles Schwab Investment Management Inc. (0.21%).
View institutional ownership trends.

Shares of CLPR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of CLPR stock can currently be purchased for approximately $5.38.

Clipper Realty (NYSE:CLPR) has a market capitalization of $87.06 million and generates $129.75 million in revenue each year. The company earns $-4,760,000.00 in net income (profit) each year or ($0.45) on an earnings per share basis.

The company employs 144 workers across the globe.

Clipper Realty's mailing address is 4611 12TH AVENUE SUITE 1L, BROOKLYN NY, 11219. The official website for the company is www.clipperrealty.com. The company can be reached via phone at (718) 438-2804 or via email at investorrelations@clipperrealty.com.